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Economy Title: Derailing Brown's Tax Plan Derailing Brown's Tax Plan By Peter Hannaford Governor Jerry Brown's foolproof plan to deal with California's $26 billion deficit hasn't quite gone off the rails, but it's teetering. The plan, announced early in his new term this year, was to call a special election in June to let the voters decide whether to extend for five years several taxes about to expire. At first, the idea polled well, including majority support for the tax extensions. This, along with some legislative budget cuts, would solve the problem. If the voters said "no" to the tax extensions, severe cuts would ensue, but the voters would have been warned in advance. It was the perfect way for the Democrats to avoid being held responsible for cutting popular programs. If the people voted against the tax extensions, they couldn't blame the legislators. Getting to the special election required a two-thirds vote of the legislature. The Democratic majority is not quite lopsided enough to do this without some Republican votes. Gradually, Republican resistance to the costly special election stiffened. Brown taunted the Republicans to come up with their own plan for solving the deficit. His self-imposed deadline of March 10 for the enabling vote came and went. A small group of Republican legislators began meeting with Democratic counterparts and the governor's staff to see if a deal could be struck. They would deliver the votes in exchange for public employee pension reform. That's the last thing the Democrats want, for these unions are the state's biggest special interest and the financier of many Democratic legislative campaigns. Next, the Republicans came forth with a comprehensive list of four dozen elements to a deficit-reduction plan. Brown acted surprised, though this is what he had requested. He abruptly cut off talks with them. Now it's back to politics as usual. He's about to barnstorm, including a visit to the district of the Senate minority leader who, Brown says, "...is leading the charge to block any other alternatives other than massive and destructive cuts." This translates into English as "blah, blah, blah, blah." Meanwhile, voter support for the special election and the tax extensions is slipping. Brown's main option now is to get a petition drive mounted to collect enough signatures for a November ballot issue. This is high risk. Tax issues on the ballot historically see their support decline as election day comes closer. If they are not well above 50 percent when campaigning begins, they are usually defeated. November is well beyond the June 30 date when the 2011-12 budget is required by law to be adopted. If it loses in November, the last arrow in Brown's quiver will be to blame the Republicans -- again. Yet it would be the Democratic majority that must enact the "massive and destructive cuts." Who will the people blame for that? Many Democratic legislators don't want to think about that, so they are turning their attention to more serious business. They have introduced 2,323 bills this year, covering such urgent issues as a revised definition of olive oil, Parks Make Life Better Month, tax credits for commercial space vehicles, Spay Day, regulation of caffeinated beer, how to describe a dog pound, and regulation of pavement reflectivity in order to reduce global warming. Poster Comment: The last paragraph says it all...... Here ya go Skippy..... Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest Yet we're doing just fine. Glad you're not here.
#2. To: Skip Intro (#1) Yet we're doing just fine. Yea I can tell by the unemplyment rate at 12.2%.... and about to go bankrupt too...... you must be so proud..... Yep, glad I'm not there..... "I love the 45 caliber M1911, I respect the 9MM M9 Beretta but I only carry a CZ for my own personal protection". Quote courtesy of Lt Col John Dean Cooper, recognized as the Father of Modern Handgunning #3. To: CZ82 (#2) Yep, glad I'm not there..... Me too. It's the people like you who move here who cause most of our problems. A nice population decline of 25% or so would be a wonderful thing here.
#4. To: Skip Intro (#3) Actually, a 100% decline in you liberals would be what the doctor ordered. You and your ideological soul mates destroyed that state. Well, [Yu-Kloughn v. 2.0's] got to do something for attention, his multiple personalities aren't speaking to him any more, and his imaginary friends keep finding excuses not to come over. #5. To: Skip Intro (#3) A nice population decline of 25% or so would be a wonderful thing here. You mean the "FEW" taxpayers you have left???? "I love the 45 caliber M1911, I respect the 9MM M9 Beretta but I only carry a CZ for my own personal protection". Quote courtesy of Lt Col John Dean Cooper, recognized as the Father of Modern Handgunning #6. To: Rudgear (#4) You and your ideological soul mates destroyed that state. Before Reagan, California's education system was world class, now its third world. You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the efforts of men who are better than you. Ludwig von Mises in a letter to Ayn Rand #7. To: lucysmom (#6) Because the Democrats since Jerry Brown have marched lock-step with the ultra-liberal Department of Education to create new, uneducated (read reliable on the state for their living) liberals. You people turned the state into a Marxist petrie dish of insane experimentation. What exists now is squarely at the doorstep of the Democratic Party. That and weak-kneed RINO's. Well, [Yu-Kloughn v. 2.0's] got to do something for attention, his multiple personalities aren't speaking to him any more, and his imaginary friends keep finding excuses not to come over. #8. To: Rudgear (#7) You people turned the state into a Marxist petrie dish of insane experimentation. On the state level, California Democrats can't do much without the approval of Republicans who have all plighted their troth to Grover Norquist, a Washington lobbyist. You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the efforts of men who are better than you. Ludwig von Mises in a letter to Ayn Rand #9. To: Rudgear, skip intro (#7) Because the Democrats since Jerry Brown have marched lock-step with the ultra-liberal Department of Education to create new, uneducated (read reliable on the state for their living) liberals. Amazing and yet we are the world's eighth largest economy. Like Skip I would love to send all you east coasters back to your shit holes of origin. "http://first-draft-blog.typepad.com/.a/6a00d8341c5ced53ef0148c7a28c4b970c-320wi" #10. To: Rek (#9) Like Skip I would love to send all you east coasters back to your shit holes of origin. I'll vote for that! You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the efforts of men who are better than you. Ludwig von Mises in a letter to Ayn Rand #11. To: lucysmom (#10) Like Skip I would love to send all you east coasters back to your shit holes of origin. It was a far better place before they came, no question. Still, I'm not worried. As bad as our local government is, it's no worse than the national one, and somehow it keeps plodding along. And I believe we're actually in better shape than that teabagger heaven, Texas.
#12. To: Rek (#9) Amazing and yet we are the world's eighth largest economy. Even more amazing is how many huge businesses keep locating here. They must all be run by a bunch of dumb shits, unlike the Bernie Madoffs and Kevin Lays on this site.
#13. To: Rek (#9) Amazing and yet we are the world's eighth largest economy. Being bankrupt and soon to need a fed bailout is nothing to brag about.
#14. To: Skip Intro (#11) It was a far better place before they came, no question. Still, I'm not worried. As bad as our local government is, it's no worse than the national one, and somehow it keeps plodding along. And I believe we're actually in better shape than that teabagger heaven, Texas. And we could always secede and create our own currency. From the opinions expressed here there would be little opposition. "http://first-draft-blog.typepad.com/.a/6a00d8341c5ced53ef0148c7a28c4b970c-320wi" #15. To: Skip Intro (#12) Even more amazing is how many huge businesses keep locating here. Anticipating a bailout maybe?
#16. To: We The People (#13) Being bankrupt and soon to need a fed bailout is nothing to brag about. That's all media hype. Debt is the neocon form of currency. "http://first-draft-blog.typepad.com/.a/6a00d8341c5ced53ef0148c7a28c4b970c-320wi" #17. To: We The People (#15) Anticipating a bailout maybe? How would that work? Do mean like the bailout Bush gave the banksters who created the whole disaster? I don't think that's in play here. Most of the businesses here actually produce something, unlike your thieving pals on Wall Street. And don't forget, it was Bushs' friend Ken "Kenny Boy" Lay who orchestrated the financial collapse of our utility companies through manipulation of the market.
#18. To: Skip Intro (#17) How would that work? Do mean like the bailout Bush gave the banksters who created the whole disaster? I think of all the 401 and IRA pre tax monies that disappeared down rat holes, never to see the light of the Fed tax man again. "http://first-draft-blog.typepad.com/.a/6a00d8341c5ced53ef0148c7a28c4b970c-320wi" #19. To: Rek (#18) (Edited) I think of all the 401 and IRA pre tax monies that disappeared down rat holes, never to see the light of the Fed tax man again. I know some PG&E guys who were completely wiped out. The rest of us are still paying some of the highest utility rates in the country, solely because of the thieves at Enron. There's just something so special about a deregulated market.
#20. To: Skip Intro (#17) You need not remind me of what a miserable failure, traitor, crook and/or thief that Bush is. I agree with you on that point. I can't help but think that big business located in California will benefit financially if California is bailed out. There will be a lot of new cash flowing if it happens. You can bet everything you own that big business has positioned itself in the stream.
#21. To: Skip Intro (#17) unlike your thieving pals on Wall Street. There's no need to get nasty. The thieves on Wall Street are not my pals. In fact, know how much I lost when the market tanked? Not one penny.
#22. To: Skip Intro (#12) Even more amazing is how many huge businesses keep locating here. They must all be run by a bunch of dumb shits, unlike the Bernie Madoffs and Kevin Lays on this site. Many of them are born here. It may have something to do with the number of world class research institutions located in the state, not to mention universities (though Republicans are doing their darnedest to change that) You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the efforts of men who are better than you. Ludwig von Mises in a letter to Ayn Rand #23. To: Rek (#14) And we could always secede and create our own currency. From the opinions expressed here there would be little opposition. I don't know about that. California is a donor state providing welfare to those free liberty-loving red states. You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the efforts of men who are better than you. Ludwig von Mises in a letter to Ayn Rand #24. To: lucysmom (#23) I don't know about that. California is a donor state providing welfare to those free liberty-loving red states. It will provide tough love for those states in learning how to manage their own expenses or living within their means, without a big daddy state always coming to the rescue. "http://first-draft-blog.typepad.com/.a/6a00d8341c5ced53ef0148c7a28c4b970c-320wi" #25. To: Rek (#24) It will provide tough love for those states in learning how to manage their own expenses or living within their means, without a big daddy state always coming to the rescue. Yes, and California would have more than enough money to end our debt crisis and fund education while giving every body in the state a tax break. You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the efforts of men who are better than you. Ludwig von Mises in a letter to Ayn Rand Top • Page Up • Full Thread • Page Down • Bottom/Latest |
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